Displaying all content tagged with the region Asia.
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Asia
International oil prices have risen dramatically, raising the possibility of a “third oil shock.” During the first oil crisis in 1973, the annual average price soared to $85/barrel (bbl) in…
May 25, 2011
After more than two years of negotiation, false starts, and delay, Korea announced in April its intention to fully open its market to imports of U.S. beef, subject to finalization…
May 25, 2011
For Korea watchers—and particularly for those of us who worked closely on events associated with President Lee’s visit to Washington—April was a very rewarding month. After multiple protocol meetings, site…
May 25, 2011
As reported in the previous issue of Korea Insight (“The Bulldozer Moves In: Lee Myung-bak is Inaugurated as the Republic of Korea’s President”), President Lee moved to streamline the government…
May 25, 2011
On this week’s episode, we welcome back Victoria Kim, a researcher and multimedia journalist. When she last joined us in 2016, Victoria discussed her project “Lost and Found in Uzbekistan:…
November 26, 2018
The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…
August 8, 2018
On August 1, the remains of what are believed to be 55 American servicemen lost during the Korean War finally returned home, arriving in Hawaii to begin the long process…
August 1, 2018
Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…
July 5, 2018
The Ninth Korea-Japan-China Trilateral Leader Summit, hosted in Seoul on May 27, marked the first meeting since the annual event went on hiatus after 2019. Amidst a shifting global economic order, its proclamations affirmed continued trade relations with China by Korea and Japan and brought a new sense of dynamism to economic cooperation among the…
June 6, 2024
The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…
May 30, 2024
Korea once again found itself as an important facilitator for discussions on international artificial intelligence (AI), co-hosting the recently concluded AI Seoul Summit. The summit served as a follow-up to last year’s inaugural AI Safety Summit, which took place in the United Kingdom, and it produced a number of new commitments regarding the safe and…
May 28, 2024
Line, a popular messenger and social media platform in Japan used by around 70 percent of the population, has emerged as the next potential challenge for the fragile relationship between Seoul and Tokyo. Run by Line Yahoo, Line is jointly owned by the South Korean tech company Naver and the Japanese company SoftBank, each holding…